The future for broking in Scotland?

Scotland flag

As consolidators make a land-grab in Scotland, Martin Friel investigates the future for independents in the region.

Consolidation in the UK market is moving at a rate not seen since the heady days of the mid-2000s. The Insurance Age Deal Tracker reveals that since the beginning of the year, nearly 30 acquisitions of all shapes and sizes have taken place in England. To date, there have been just two in Scotland, but they do stand out from the crowd.

The first was the purchase of Borland Insurance by fast-growing, private equity-backed US firm, Assured Partners. The purchase of the Scottish independent, which

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: